$XRP



Current price action around 1.445 is holding just below a critical resistance cluster. The price has broken down from the 1.50 handle and is now consolidating in a tight range, trapped between the daily low and the 1D moving averages. We are trading below the MA5 and MA10, signaling bearish momentum in the short-term. However, the overall structure is coiling, and a break from this consolidation could be explosive. Momentum is cooling, and we are watching for a reclaim of the MA lines to shift sentiment. If support at 1.440 fails, expect a quick flush to lower demand zones. Otherwise, a push back above 1.462 could trigger short squeezes.

• Entry Zone: 1.440 - 1.452 (Aggressive on reclaim of 1.452; conservative on break of structure)
• TP1: 1.500
• TP2: 1.542
• TP3: 1.600
• Stop-Loss: 1.430 (Daily close basis)
XRP-4,63%
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